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PacWest Rebuilds Deposits Following March Banking Turmoil

Commercial Real Estate Lender Posts Quarterly $1.2 Billion Loss
Pacific Western Bank is starting to rebuild deposits following a tumultuous March that saw two banks fail. (CoStar)
Pacific Western Bank is starting to rebuild deposits following a tumultuous March that saw two banks fail. (CoStar)
CoStar News
April 25, 2023 | 9:46 P.M.

Deposits stabilized at PacWest after the commercial real estate lender was initially caught up in the rush to withdraw money that brought down two U.S. regional banks in March.

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